Showing 1 - 8 of 8
Choice may be determined both by a consideration of one?s welfare (normative preference) and by desires (temptation … primitive and hypothesize that temptation creates a preference for commit- ment. This paper argues that temptation may in fact … requires us to observe behavior in the absence of temptation. An alternative approach to providing foundations is introduced …
Persistent link: https://www.econbiz.de/10005795214
Choice may be determined both by a consideration of one’s welfare (normative preference) and by desires (temptation … primitive and hypothesize that temptation creates a preference for commitment. This paper argues that temptation may in fact … us to observe behavior in the absence of temptation. An alternative approach to providing foundations is introduced …
Persistent link: https://www.econbiz.de/10005136811
Temptation is the conflict between one’s desires (temptation preference) and one’s view of what choices he should make … (normative preference). In seminal work, Gul and Pesendorfer [7, 8] provide foundations for a model of temptation on the basis of … the idea that temptation creates a preference for commitment. This paper studies agents for whom temptation may in fact …
Persistent link: https://www.econbiz.de/10005136812
This paper analyzes an agent's option exercise decision under uncertainty. The agent decides whether and when to do an irreversible activity. He is tempted by immediate grati¯cation and su®ers from self-control problems. This paper adopts the Gul and Pensendorfer self- control utility model....
Persistent link: https://www.econbiz.de/10005443361
expected from agents who suffer from self-control problems because an agent's ability to resist temptation may well depend on …
Persistent link: https://www.econbiz.de/10005443368
temptation is commonly understood to give rise to a demand for commitment, it is shown that ‘temptation by future consumption … preference reversals supports temptation by future consumption, and suggests that it may not be restricted to short time horizons. . …
Persistent link: https://www.econbiz.de/10005443373
with delay. We hypothesize that a temptation to be selfish may be at play in social preferences. We model this and …
Persistent link: https://www.econbiz.de/10010779507
Due to factors such as temptation, choices may not respect normative prefer- ence (the agent.s own, subjective view of …
Persistent link: https://www.econbiz.de/10005200399